Fiduciary Risk Under ERISA
Tuesday, March. 8, 2011 - 2 p.m. ET / 11 a.m. PT - COMPLETED
Business owners are in a tough position. On one hand, they must offer competitive benefit packages, including health and retirement plans, to attract and retain high quality employees. By doing so, however, they take on the responsibility - and risk - associated with overseeing those plans. Often without realizing it, these business owners assume roles that make them plan "fiduciaries" under ERISA, placing not only their business assets, but also their personal assets, at risk.
This presentation will give you a greater understanding of the laws governing ERISA fiduciaries and how to minimize fiduciary liability, ways to protect yourself as a plan sponsor and steps that will help you identify potential problem areas. This session will serve as excellent fiduciary "training" for individuals who serve as trustees, members of administrative committees and plan administrators.